For your planned investment in Hungary we can offer you our multi-purpose industrial site of 800,000 m2 (80 hectares, 198 acres) in Abasár, Heves county. With approval from the local council you can erect a building with a floor area of up to 240,000 m2 (8.6 million square feet) for a factory or for production or logistics purposes.
Previously subject to exploration for mining purposes, the land has good structural and geomechanical properties, and there is no need to strip the top soil, only landscaping for the buildings is required.
If your company is looking for a site for its large-scale investment, both the area and the region could be ideal in many respects. Find out more.
Centrally located in Europe, Hungary has been a member of the European Union since 2004.
Hungary has a deep pool of skilled workers available. The country has a population of 9.7 million, 50% of its young people have higher-education degrees, yet wage levels are low within the EU. The average salary is EUR 1,035 (2018), which enables significant productivity in high value-added manufacturing investments.
Significant large-scale investments have been completed in Hungary thanks to the favourable investment environment. Many large automotive companies have production operations in Hungary, including Mercedes, Audi, Opel and Suzuki, while there is a new BMW plant currently under construction in Debrecen. Per capita, Hungary is among the world’s top manufacturers of cars and automotive products.
Hungary has advanced financial infrastructure: the biggest banks of the European Union and the region are established in the country. It has a unique transfer system, where transfers are credited promptly within 5 seconds. This means transfers initiated at any of the country’s banks are credited within no more than 5 seconds to accounts held at bank branches of any bank in the country.
Stable and predictable environment, business-friendly.
Hungary is a beautiful country with a high standard of living: the wonderful city of Budapest with its architectural and natural environment, its gastrocuisine, the charming countryside and friendly Hungarians make you feel at home.
The Hungarian Government regularly provides significant, non-refundable grants and tax allowances for large investments.
Advanced infrastructure (one of the highest lengths of motorway per square kilometre within the European Union, high-speed railways under constant development).
Low tax rates (9-19% corporate income tax, 15% personal income tax, 18.5% social security contribution), simple and digital company administration.
Low average prices for intermediate goods (low energy prices, low real estate prices, low interest rates)
COVID-19: Hungary dealt with the first wave of the pandemic well, becoming a safe country with low infection rates. The Hungarian figures are among the lowest in the European Union, without the government having paralysed the nation’s economy.
For more information about investing in Hungary, please visit the Hungarian Investment Promotion Agency’s website (www.hipa.hu), where you can find detailed microdata and information about investments in Hungary (www.hipa.hu/main#publications).
Located in a beautiful and quality area at the foot of the Mátra mountains, the site has good infrastructure and all public utilities.
AREA:
80 HECTARES
(800,000 m2, 198 acres
The Abasár local council is supportive of all serious and largescale investments in the region.
up to 30%, with a further 40% for parking, loading purposes and internal roads. Minimum of 30% for green spaces.
rocky ground with good geomechanical properties and high load-bearing capacity. The topsoil has already been stripped, and it only requires landscaping and the setting of the final heights for the planned building(s).
Hungary’s largest power plant, the Mátra Power Plant, is 10 km away, providing 800 MW of electricity from its 5 units.
Utilities, such as mains water, sewage, gas and high-speed internet (wireless 5G from 2021) are all available. Due to its vicinity to the Mátra Power Plant, the site is also a NATOprotected zone.
There are 4 towns in the region: Gyöngyös and Eger (which is also the seat of Heves county), Verpelét and Heves are all close by, which means skilled human resources are available along with candidates with higher education degrees suitable for management positions.
automotive industry investments
processing industry investments
metallurgical industry investments
chemical
industry
investments
manufacturing of large and medium-sized goods production centres
REQUIRING MANUFACTURING BUILDINGS OF UP TO 240,000 SQUARE METRES
100% Hungarian-owned medium-sized company with a history of 24 years
Annual sales revenue of EUR 15 million
70 employees
Experienced in property development and utilisation, mining, pharmaceutical industry, business administration, legal advisory and the financial sector in Hungary
Some of the global brands and manufacturers making products or parts of products in Hungary.
Audi, Mercedes-Benz, Samsung, Suzuki, Wizz-Air, Flextronics, Robert Bosch, Sanofi Aventis, Electrolux, Continental, Hankook, Teva, Lear Corporation, Denso, Opel, Valeo Auto Electric, Grundfos, BMW, Airbus, Doosan
You can find more information about investment opportunities, the Hungarian economic climate, taxation and administration, and investment support programmes (non-refundable grants) at the following link:
If you need further information to make your investment decision, please contact us via the below form
or call us at
+36 30 944 9318